There are no benchmarks to assure that whether any real estate project would be a profitable business or not. Sometimes big builders failed , while the projects of new builders were liked by the public. Being a buyer it is difficult to choose a new project, so lets solve your problem.
Buying a home is a big decision in itself and it requires huge investment. There is no scope for mistake , while making such important decision. Still people take decision in hurry and repent later. In NCR alone , 78% of 856 projects are still under construction on the day of possession.
Location does matter
Lets consider Ghaziabad , you can easily see projects of big builders , which proved out to be bad property. Now they are cheaply available. At the same time new builders can deliver good projects. In Gurgaon , the builder who made Garden Estate Township was never hear before, but now the project comes under premium market that’s why it is counted in successful projects.
Check the environment nearby
In the opinion of experts it is extremely necessary to pay attention on the environment nearby your home. Try to avoid investing in location , where development is on standstill. Any area can develop only , when the area in the vicinity is also developing. In Delhi there are posh projects still looking for customers , due to the slums in the vicinity.
Check for legal approval
In all the residential and commercial projects it is necessary to have the approval of the concerned government authorities. Before , investing in project make sure that all the documents related to the project are with the builder. In the case of neophyte builder , it is extremely important to check through the documents.
Availability of amenities
In order to retain good image in market , the builder generally provides all sorts of amenities to his clients such as playing ground for children , high tech security, club house , open space for recreation. At the same time builders who are not so popular generally forget to pay attention to such minute details.
Doing all this might seem impossible for a working professional. So in order to get the best deal , you need someone trustworthy who could do all this on your behalf . Why not go for Regrob’s certified real estate agents ?